Consider the median voter model Example 5.3. Let X denote the preference of a voter and suppose X has density f (x ) = −1.23×2 + 2x + 0.41, 0 ≤ x ≤ 1. Find the Nash equilibrium position a candidate should take in order to maximize their voting percentage.

Consider the median voter model Example 5.3. Let X denote the preference of a voter and suppose X has density f (x ) = −1.23×2 + 2x + 0.41, 0 ≤ x ≤ 1. Find the Nash equilibrium position a candidate should take in order to maximize their voting percentage.

Consider the median voter model Example 5.3. Let X denote the preference of a voter and suppose X has density f (x ) = −1.23×2 + 2x + 0.41, 0 ≤ x ≤ 1. Find the Nash equilibrium position a candidate should take in order to maximize their voting percentage.
Consider the median voter model Example 5.3. Let X denote the preference of a voter and suppose X has density f (x ) = −1.23×2 + 2x + 0.41, 0 ≤ x ≤ 1. Find the Nash equilibrium position a candidate should take in order to maximize their voting percentage.

 

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